I will admit it...I have a soft spot in my heart for anyone that has ever served our country in the armed forces. It takes a lot of dedication and selflessness to defend 300 million American citizens. Especially since you only personally know, or have met, approximately 0.000001% of the population (okay, so maybe you are super popular and you know 0.000002%, but you don’t even like anywhere close to that many people.) I love working with Veterans mainly because they inspire me to be a better person and look at the bigger picture. Which is why I am so glad that our government has made it easier for Veterans and their family to become homeowners. I mean, really, it’s the very least we can do.
The VA Loan is designed to help Servicemembers, Veterans, and eligible surviving spouses become homeowners. The loans are provided by private lenders, such as banks and mortgage companies and the VA then guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.
The benefits of the VA Loan programs are substantial. Their mortgage loans help you purchase a home at a competitive interest rate, often without requiring a downpayment or private mortgage insurance (PMI). In case you missed that...0% down! That alone is huge! They also have Cash Out Refinance loans that allow you to take cash out of your home equity to pay off debt, fund school, or make home improvements. Loans are available for homes for you or a spouse and/or dependent (for active duty service members).
To be eligible, you must have satisfactory credit, sufficient income to meet the expected monthly payments, and a valid Certificate of Eligibility (COE).
Here are some other mortgage loan programs offered by the VA:
So, what are you waiting for?! I would love to meet you and work at finding a hero a place to call home! Call me anytime 386-315-4162 and let's find you your dream home!